S&P Global Inc.: Is The Growth in Private Credit Markets Here To Stay? 

S&P Global, a prominent player in financial information and analytics, reported solid results for the second quarter of 2025. The company’s revenue grew by 6% year-over-year, driven by a 7% increase in subscription revenue. Notably, operational efficiency resulted in a 150 basis point expansion in the trailing 12-month margin. However, these gains were tempered by challenges in some market segments. The company returned $950 million to shareholders through dividends and share buybacks in Q2, indicative of robust capital return practices. A significant highlight was the Market Intelligence division, which achieved 7% organic constant currency revenue growth and over 200 basis points of margin expansion. The advancements result from improved sales execution and customer engagement efforts.